Required information [The following information applies to the questions displayed below.) The financial statements for Highland Corporation included the following selected information: Common stock Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid $1,485,000 $ 740,000 $1,060,000 99,000 60,000 $ 630,000 The common stock was sold at a price of $22 per share. Required: 1. What is the amount of additional paid-in capital? Additional paid-in capital applies to the questions displayed below.j The financial statements for Highland Corporation included the following selected information: Common stock Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid $1,485,000 $ 740,000 $1,060,000 99,000 60,000 $ 630,000 The common stock was sold at a price of $22 per share. 2. What was the amount of retained earnings at the beginning of the year? Retained earnings [The following information applies to the questions displayed below.] The financial statements for Highland Corporation included the following selected information: Common stock Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid $1,485,000 $740,000 $1,060,000 99,000 60,000 $ 630,000 The common stock was sold at a price of $22 per share. 3. How many shares are in treasury stock? Shares in treasury stock Required information [The following information applies to the questions displayed below.] The financial statements for Highland Corporation included the following selected information: Common stock Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid $1,485,000 $ 740,000 $1,060,000 99,000 60,000 $ 630,000 The common stock was sold at a price of $22 per share. 4. Compute earnings per share. (Round your answer to 2 decimal places.) Earnings per share